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Construction Contracts (Tables)
 12 Months Ended
Dec. 31, 2015
Contractor Contracts  
Net Position of Uncompleted Construction Contracts

 

The Company’s net position on uncompleted construction contracts comprised the following as of December 31, 2015 and 2014 (in thousands):

 

 

 

 

 

 

 

 

 

 

 

December 31, 

 

 

    

2015

    

2014

 

Costs incurred on uncompleted construction contracts

 

$
228,184

 

$
195,219

 

Estimated earnings

 

 
9,739

 

 
8,501

 

Billings

 

 
(240,059)

 

 
(204,501)

 

Net position

 

$
(2,136)

 

$
(781)

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31,

 

 

 

2015

 

2014

 

Construction contract costs and estimated earnings in excess of billings

    

$
88

    

$
272

 

Billings in excess of construction contract costs and estimated earnings

 

 
(2,224)

 

 
(1,053)

 

Net position

 

$
(2,136)

 

$
(781)